Calgary Housing Market Report - October 2025 Update

September marked a turning point in Calgary’s real estate market. Sales slowed, inventory jumped, and buyers suddenly have more leverage than they’ve seen in years.

If you’re thinking about buying, selling, or relocating, this month’s update will help you understand where the market is headed. Below you’ll find the latest numbers, what they mean for each property type, and how to position yourself to make the most of the changes.

Calgary Real Estate Market at a Glance

Sales: 1,720 (down 14% Y/Y)
New Listings: 3,782 (up 3% Y/Y)
Inventory: 6,916 (up 36% Y/Y)
Benchmark Price (Total Residential): $572,800 (down 4% Y/Y)
Months of Supply: 4.0 — highest since early 2020

Pro Tip: More supply means buyers can take their time. Sellers should prepare for longer days on market and price sensitivity.

Detached Homes

Detached sales fell to 859, about 9% below last year. New listings rose to 1,905, driving inventory up 38%. The sales-to-new listings ratio dropped to 45%, the lowest since 2018Stats.

Benchmark price: $749,900 (down 1% Y/Y)
Days on market: 38 (up 40% Y/Y)
Largest declines: North East & East (down ~6%)

For buyers: More choice and better negotiating power.
For sellers: Pricing competitively is critical, as buyers now have multiple options.

First-time buyers are gaining leverage with more choice on the market. Download my free Buyer’s Guide to learn how to negotiate effectively in today’s market.

Semi-Detached Homes

This segment is holding stronger than most.

Sales: 156 (down 14% Y/Y)
New listings: 361 (up 21% Y/Y)
Inventory: 617 (up 63% Y/Y)
Benchmark price: $684,800 (up 1% Y/Y)Stats

Insight: Semi-detached homes remain in demand in the City Centre, helping prices stay resilient.

Row Homes

Row homes faced significant pressure as supply surged.

Sales: 304 (down 19% Y/Y)
Inventory: 1,099 (highest since 2018)
Benchmark price: $437,100 (down 5% Y/Y)Stats

Buyers in this segment have the strongest advantage, especially in the North East and South East districts where inventory is elevated.

Condos / Apartments

Apartments saw the sharpest shift.

Sales: 401 (down 20% Y/Y)
Inventory: 1,999 (up 23% Y/Y)
Months of supply: 5.0 — buyer’s market territory
Benchmark price: $322,900 (down 6% Y/Y)Stats

Investors and first time buyers now have leverage, but sellers need to be realistic about pricing and presentation.

If you are selling, a realistic pricing strategy matters more than ever. Get a free Home Evaluation to see how your property compares to others on the market.

What This Means Going Into Fall

The jump in inventory and slower sales pace means Calgary is moving away from the extreme seller’s market of the past two years. While conditions still vary by property type and district, buyers have more negotiating room, especially in condos and row homes.

For sellers, the key takeaway is that strategy matters: staging, pricing, and marketing will determine whether your home sells or sits.

Thinking about selling your Calgary home? Request a free home evaluation today to see how much your property is worth in the current market.

Conclusion & Next Steps

September 2025 clearly marks a cooling shift in Calgary’s housing market. Inventory is rising, demand is softening, and the balance is shifting. In this changing environment, having the right strategy is more critical than ever, whether you are buying, selling, or simply watching the market.

Calgary Housing Market Report – October 2025 Update